Octavio Marquez Buys 513 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD) Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) CEO Octavio Marquez purchased 513 shares of the stock in a transaction dated Monday, May 6th. The shares were purchased at an average price of $38.90 per share, for a total transaction of $19,955.70. Following the completion of the transaction, the chief executive officer now owns 134,674 shares in the company, valued at approximately $5,238,818.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Octavio Marquez also recently made the following trade(s):

• On Wednesday, March 13th, Octavio Marquez bought 1,000 shares of Diebold Nixdorf stock. The shares were purchased at an average cost of $34.27 per share, with a total value of $34,270.00.

Diebold Nixdorf Price Performance

DBD opened at $39.92 on Wednesday. The business has a fifty day simple moving average of $33.82 and a 200-day simple moving average of $29.61. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.39 and a quick ratio of 0.94. Diebold Nixdorf, Incorporated has a fifty-two week low of $16.50 and a fifty-two week high of $40.19.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Wednesday, February 14th. The technology company reported $3.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $1.63. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. On average, equities analysts predict that Diebold Nixdorf, Incorporated will post 3.94 earnings per share for the current year.

Wall Street Analyst Weigh In

DBD has been the subject of a number of research analyst reports. StockNews.com downgraded shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Wedbush raised shares of Diebold Nixdorf from a “neutral” rating to an “outperform” rating and increased their target price for the company from $40.00 to $50.00 in a research note on Friday, May 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DBD. Beach Point Capital Management LP purchased a new stake in shares of Diebold Nixdorf in the 3rd quarter valued at approximately $61,481,000. Arena Capital Advisors LLC CA purchased a new stake in shares of Diebold Nixdorf in the third quarter valued at $33,785,000. Glendon Capital Management LP acquired a new stake in shares of Diebold Nixdorf in the third quarter worth $21,074,000. Oaktree Capital Management LP purchased a new position in shares of Diebold Nixdorf during the third quarter valued at $11,189,000. Finally, Allspring Global Investments Holdings LLC raised its position in Diebold Nixdorf by 411.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 576,430 shares of the technology company’s stock valued at $10,918,000 after buying an additional 463,744 shares during the period. 97.04% of the stock is currently owned by institutional investors and hedge funds.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.